government pension plan

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Smith government should be cautious in wage negotiations with provincial employees

More than 70 per cent of government workers in the province are covered by registered pension plans compared to 19 per cent in the private sector.

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Since the turn of the millennium, the ever-increasing cost to taxpayers of government sector pension plans has been made evident time and again. Contribution rates have been hiked, often doubling in one decade, or the plans have been partly bailed out by governments—or both.